Mister Spex news and archive

Mister Spex reports increased losses in 2024, implements restructuring program

Berlin-based eyewear retailer Mister Spex SE reported expected sales declines and increased losses for the 2024 fiscal year, according to the company's annual report released on Thursday. Management is now hoping for positive effects from the comprehensive restructuring program "SpexFocus," launched last August. Stable sales in Germany Revenue...

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Mister Spex’s Black Friday campaign drives 30 percent LFL sales growth

Mister Spex, Europe’s omnichannel optician, during its Black Friday 2024 campaign, saw like-for-like sales in its German stores growing by over 30 percent compared to the same period in 2023. The company said that the strong performance was driven by increased foot traffic and precisely targeted marketing efforts, underscoring the importance of...

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Mister Spex reports Q3 revenue decline of 3 percent

European omni-channel optician Mister Spex achieved revenue of 57.8 million euros for the third quarter of 2024, a 3 percent decline compared to the same period last year. The company attributed the sales decline to the closure of international stores in Scandinavia, Austria, and Switzerland as part of the transformation and restructuring...

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Mister Spex appoints Eileen Preuss as head of optical expertise

Omni-channel optician Mister Spex has roped in Eileen Preuss as the new head of optical expertise, reporting to chief commercial officer Francesco Liut. The company said that effective October 1, 2024, Preuss will be responsible for overseeing the quality assurance of Mister Spex's optical services and will play a key role in setting and...

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Mister Spex: New own brand for premium lenses

Mister Spex SE launches a brand for premium eyeglass lenses. 'SpexPro' is the name of the Berlin-based eyewear retailer's new brand, which focuses on "high-end refined" lenses developed in Germany, Mister Spex announced on Wednesday. The surface refinements are intended to make the lenses particularly scratch- and break-resistant. The lenses are...

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Mister Spex launches restructuring program to drive profitability

European omni-channel optician Mister Spex has reported a 1 percent growth, achieving sales of 67.6 million euros in the second quarter of 2024. For 2024, the company now expects net revenue to be between 210 and 230 million euros and adjusted EBITDA margin to be within a range of negative 4 percent to positive 1 percent. The company’s physical...

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Mister Spex launches new own brand, 'Moove'

The Berlin-based eyewear specialist Mister Spex SE is launching a new own brand for sports glasses. 'Mister Spex Moove' includes sunglasses and prescription glasses for sports use, the omnichannel optician announced on Monday. In addition to three prescription models and four sunglasses, the new brand also offers accessory models that are...

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Christopher Douglas to join Mister Spex as chief restructuring officer

Mister Spex has announced the appointment of Christopher Douglas as chief restructuring officer. The company said in a release that the newly established role will be pivotal in executing the recently unveiled transformation and restructuring program - ‘SpexFocus’, which aims to enhance profitability and ensure sustainable cash generation in the...

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Mister Spex appoints new chief commercial officer from Luxottica

At Mister Spex, the personnel wheel continues to turn. Following the departure of CEO and company founder Dirk Graber and a surprising change in the supervisory board, the Berlin-based eyewear retailer is now getting a new chief commercial officer (CCO). Francesco Liut will take on the role of CCO from August 1, Mister Spex announced on Friday....

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Mister Spex appoints Tobias Krauss as new chairman of the supervisory board

Eyewear retailer Mister Spex has announced the departure of Claus-Dietrich Lahrs as chairman of the company's supervisory board. This position is now being taken over by Tobias Krauss, who was unanimously elected by the board. Krauss has been a member of the supervisory board since 2020 and is CEO of Abacon Capital, the family office of the...

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Mister Spex acheives Q1 sales growth of 2 percent

Omnichannel optician Mister Spex reported a 2 percent growth in the first quarter achieving sales of 51.1 million euros. The company said that the development in the key product categories was impacted by an earlier Easter, which negatively affected the number of working days and therefore, the production of prescription glasses. Commenting on...

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Mister Spex supervisory board proposes election of Claus-Dietrich Lahrs and Gil Steyaert

Mister Spex has announced that Claus-Dietrich Lahrs, 60, and Gil Steyaert, 61 are running for the supervisory board of the company. If elected, Lahrs will serve as chairman and Steyaert will become deputy chairman of the company’s supervisory board. Claus-Dietrich Lahrs and Gil Steyaert will stand for election at this year's annual general...